SXC Health Solutions' (SXCI +6.2%) acquisition of privately-held smaller rival HealthTrans for...

|By:, SA News Editor

SXC Health Solutions' (SXCI +6.2%) acquisition of privately-held smaller rival HealthTrans for $250M, which will boost its presence in the pharmacy benefit management market, is applauded by GMP Securities' Sera Kim: It "gives SXC more scale [and] opportunities to convert some of HealthTrans' [healthcare information technology] customers to PBM customers."